Property Division

Marital Property Division Lawyer

Who gets the house? Who gets the car? Who gets the credit card debt? Marital property division is one of the most complex and contentious areas of divorce law. We help clients achieve an accurate and complete division of marital assets and marital debt.

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We thoroughly review your financial situation and make certain all debts and assets are accounted for and fairly divided, including:

Real estate

Business property

Business investment income

Bank accounts

401Ks

Pensions

Securities

Mutual funds

Stock options

Annuities

Michigan divorce law calls for an equitable division of marital assets and debts. A 50-50 split is not always equitable. For example, we would argue that making our client responsible for debt the other party accrued through gambling would not be fair or equitable.

We also consider what assets were brought into a marriage, which are marital property, and which are individual property, such as those acquired through an inheritance. If you suspect your spouse is hiding marital assets we may bring in a forensic accountant or other financial expert to help follow the money trail. We are also very skilled at business valuations.

If assets need to be sold in order to execute the marital property division, we take the tax consequences of divorce into consideration and will counsel you regarding the timing of the sale to ensure you preserve as much of the assets as possible.

Experienced, Honest Lawyers in Southeast Michigan

The attorneys of Bain & Bain, PC, brothers Daniel and John Bain, have more than four decades of combined legal experience to focus on your legal issue. We have earned a reputation as ethical and effective lawyers who treat clients with respect and practice our profession with a high degree of integrity. Because we care about our clients, we are always honest with them. After listening to you explain your concern, we will analyze the situation, clearly explain what you are facing, and outline your legal options. We will give you our advice and provide what we believe to be the best remedy to the problem, but you are the one who will ultimately decide which option to pursue. You remain in charge of your criminal defense or family law case.

Overview

From offices in Novi and Howell, the attorneys of Bain & Bain, PC represent clients in the Tri County area of southeast Michigan, including the communities of Novi, Detroit, Livonia, Dearborn, Plymouth, Taylor, Southfield, Pontiac, Troy, Royal Oak, Mt Clemens, Warren, Utica, Sterling Heights, Auburn Hills, Centerline, St. Clair Shores, Brighton, Howell, South Lyon, Highland Park, Milford, and Farmington Hills, as well as residents of Livingston County, Wayne County, Oakland County, and Macomb County.